SCO & BRICS latest news and insights
By Rhod Mackenzie
According to Alexey Gromov, the chief energy director of the Economic Institute, while BRICS should not take on the functions of OPEC+ in regulating the oil market, the expanded association's 80% share of global oil production will facilitate trade between its members.
Since Ja...
By Rhod Mackenzie
China aims to broaden its collaboration with Russia in the energy sector throughout all stages of production. According to Zhang Hanhui, the Chinese Ambassador to Russia, in an interview with RIA Novosti on Tuesday, December 19, China anticipates expanding cooperation along the e...
By Rhod Mackenzie
Siemens Energy has taken on debt to protect its sustainable business. The energy division of Siemens Energy AG, which is the biggest unit of the German engineering corporation Siemens, has agreed a deal worth €15 billion with a group of banks, the German government, and its share...
By Kester Kenn Klomegah
The African continent is one of the fastest growing energy markets in the world. This is due to the growing economic and demographic potential of African countries, as well as the efforts of many of them to combat climate change. Despite having passed through a long period...
By Rhod Mackenzie
The United States has acknowledged its reliance on Russian nuclear fuel, and is devising strategies to address it. However, even they are still struggling to eliminate their use of Russian nuclear fuel.
What caused the downfall of the US nuclear industry, and what part did Russ...
By Rhod Mackenzie
The Asia-Pacific region's (APR) share of global oil and gas condensate imports is set to increase from 64% in 2022 to nearly 72% by 2045, according to OPEC's annual report, World Oil Outlook 2045 (WOO). Accordingly, oil and gas condensate supplies to the region will surge by 9.6...
